The Radford Free Press – Page 76 – All life is problem solving.

Politics / health care, Obamacare, Republicans, Trumpcare /

Trumpcare

May 5, 2017

Just a quick note on yesterday’s vote in the House to repeal and replace Obamacare: It won’t pass the Senate That means another version will emerge from the Senate The two versions will then have to be “reconciled” and voted on again The current House version will eliminate coverage for about 20 million people It will […]

Economics / agent based modeling, Behavioral Economics, economic theory, evolutionary economics, heuristics /

Limits

May 5, 2017

I don’t understand why people get upset when I say that economics is a waste of time. I suppose it’s because I don’t make a clear enough difference between economics as a general topic and economics as a formal, mainstream, body of knowledge. It’s the latter that is a waste of time. The former is […]

Politics / capitalism, democracy, economic theory, Galbraith, plutocracy /

Channelling Galbraith

April 28, 2017

Jamie Galbraith’s conclusion in his essay at Dissent magazine: “The progressive alternative to an economic program of reckless stimulus and real-estate capital gains is a program of full employment, fair wages, and broad investment in social, cultural, and environmental needs, backed by taxes that fall directly on rents, monopoly profits, and on inheritances, thus directly […]